PMC Label Materials PCL (BKK:PMC) Graham Number: ฿2.06 (As of Mar. 2026) — 358% Above Median

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Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:PMC PMC Label Materials PCL BKK:PMC
37 GF Score
Price ฿0.93
! 2 Warning Signs
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What is PMC Label Materials PCL Graham Number?

PMC Label Materials PCL BKK:PMC +1.09% 37 Graham Number is ฿2.06 as of Mar. 2026, which is 100% below its 10-year median of 0.45. GuruFocus rates BKK:PMC with a GF Score™ of 37/100. The stock has 2 warning signs investors should review. Among 298 Packaging & Containers companies, PMC Label Materials PCL ranks better than 89.93% on this metric.

Graham Number is a figure that measures a stock's fundamental value by taking into account the company's earnings per share and book value per share. The Graham number is the upper bound of the price range that a defensive investor should pay for the stock. According to the theory, any stock price below the Graham number is considered undervalued, and thus worth investing in.

As of today (2026-08-19), the stock price of PMC Label Materials PCL is ฿0.93. PMC Label Materials PCL's graham number for the quarter that ended in Mar. 2026 was ฿2.06. Therefore, PMC Label Materials PCL's Price to Graham Number ratio for today is 0.45.

The historical rank and industry rank for PMC Label Materials PCL's Graham Number or its related term are showing as below:

BKK:PMC' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.4   Med: 0.45   Max: 0.93
Current: 0.45

During the past 6 years, the highest Price to Graham Number ratio of PMC Label Materials PCL was 0.93. The lowest was 0.40. And the median was 0.45.

BKK:PMC's Price-to-Graham-Number is ranked better than
89.93% of 298 companies
in the Packaging & Containers industry
Industry Median: 1.07 vs BKK:PMC: 0.45

Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.


PMC Label Materials PCL  (BKK:PMC) Graham Number Explanation

Ben Graham actually did not publish a formula like this. But he wrote in The Intelligent Investor (1948 version) regarding to the criteria for purchases:

Current price should not be more than 15 times average earnings of the past three years.

Current price should not be more than 1.5 times the book value last reported. However, a multiplier of earnings below 15 could justify a correspondingly higher multiplier of assets. As a rule of thumb we suggest that the product of the multiplier times the ratio of price to book value should not exceed 22.5. (This figure corresponds to 15 times earnings and 1.5 times book value. It would admit an issue selling at only 9 times earnings and 2.5 times asset value, etc.)

Unlike valuation methods such as DCF or Discounted Earnings, the Graham number does not take growth into the valuation. Unlike the valuation methods based on book value alone, it takes into account the earnings power. Therefore, the Graham Number is a combination of asset valuation and earnings power valuation.

In general, the Graham number is a very conservative way of valuing a stock. It cannot be applied to companies with negative book values.

PMC Label Materials PCL's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=0.93/2.06
=0.45

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Please keep these in mind:

1. Graham Number does not take growth into account. Therefore it underestimates the values of the companies that have good earnings growth. We feel that if the earnings per share grows more than 10% a year, Graham Number underestimates the value.
2. Graham Number punishes the companies that have temporarily low earnings. Therefore, an average of earnings makes more sense in the calculation of Graham Number.
3. Graham Numbers underestimates companies that are light with book.


PMC Label Materials PCL Graham Number Related Terms


PMC Label Materials PCL Graham Number Historical Data

* Premium members only.

The historical data trend for PMC Label Materials PCL's Graham Number can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

PMC Label Materials PCL Graham Number Chart

PMC Label Materials PCL Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Graham Number
Get a 7-Day Free Trial 1.12 0.78 0.72 1.61 2.01

PMC Label Materials PCL Quarterly Data
Dec20 Dec21 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Graham Number Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.67 1.69 1.93 1.99 2.06

BKK:PMC vs SW, PKG, IP: Graham Number Comparison

For the Packaging & Containers subindustry, PMC Label Materials PCL's Price-to-Graham-Number, along with its competitors' market caps and Price-to-Graham-Number data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PMC Label Materials PCL Price-to-Graham-Number vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, PMC Label Materials PCL's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where PMC Label Materials PCL's Price-to-Graham-Number falls into.


BKK:PMC
37GF Score
PMC Label Materials PCL BKK:PMC
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
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PMC Label Materials PCL Graham Number Calculation

Graham Number is a concept based on Ben Graham's conservative valuation of companies.

PMC Label Materials PCL's Graham Number for the fiscal year that ended in Dec. 2025 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*1.221*0.147)
=2.01

PMC Label Materials PCL's Graham Number for the quarter that ended in Mar. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*1.271*0.149)
=2.06

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Graham Number →
What does a Graham Number of ฿2.06 mean?
PMC Label Materials PCL (BKK:PMC) has a Graham Number of ฿2.06 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on PMC Label Materials PCL and its competitors. This is 358% above median its historical median of 0.45. Over the past decade, PMC Label Materials PCL's Graham Number has ranged from 0.40 to 0.93. According to the industry distribution chart, PMC Label Materials PCL ranks #30 out of 298 companies in the Packaging & Containers industry, placing it in the top 10.1%.
Is PMC Label Materials PCL's Graham Number too high?
PMC Label Materials PCL's current Graham Number of ฿2.06 is 358% above median its 10-year median of 0.45. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 0.93. Based on the distribution chart, PMC Label Materials PCL ranks #30 out of 298 companies in the Packaging & Containers industry, which is in the top quartile — a strong position relative to peers. Overall, PMC Label Materials PCL has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does PMC Label Materials PCL's Graham Number compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, PMC Label Materials PCL ranks #30 out of 298 companies for Graham Number. This places PMC Label Materials PCL in the top 10% of its industry — outperforming the majority of peers. The industry median Graham Number is 1.07. Historically, PMC Label Materials PCL's own Graham Number has ranged from 0.40 to 0.93 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Graham Number for a Packaging & Containers company?
The median Graham Number among Packaging & Containers companies is 1.07, based on 298 companies in the industry. Companies in the top quartile (top 25%) have a Graham Number significantly above this median, while those in the bottom quartile fall well below. However, Graham Number should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Graham Number mean?
A high Graham Number can signal that a stock is expensive relative to its fundamentals. The Graham Number values a company based on its per-share earnings and book value. View historical data on PMC Label Materials PCL and its competitors. For the Packaging & Containers industry, the median Graham Number is 1.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PMC Label Materials PCL's current Graham Number is ฿2.06, which is 358% above median its own 10-year median of 0.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PMC Label Materials PCL stock overvalued right now?
PMC Label Materials PCL (BKK:PMC) has a current Graham Number of ฿2.06. The current Graham Number is ฿2.06, which is 358% above median its 10-year median of 0.45. PMC Label Materials PCL's overall GF Score™ is 37/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Graham Number calculated?
Graham Number is calculated from a company's financial statements. For PMC Label Materials PCL (BKK:PMC), the current Graham Number is ฿2.06 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

PMC Label Materials PCL Business Description

Address 30/28 Moo 2, KhokKham Subdistrict, Muang, Samutsakorn, Bangkok, THA, 74000
PMC Label Materials PCL is engaged in the core business of manufacturing and distributing self-adhesive labels for both domestic and international markets. The extensive product portfolio has enabled a vast array of segments, such as Automotive, Food & Beverage, Home & Personal care, Logistics, Promotional Arts, Industrial applications, etc.
37GF Score

Get the complete analysis for BKK:PMC

Graham Number is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿0.93
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